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Lee Vows Diverse Measures to Stabilize Property Market

Summary by The Korea Times
President Lee Jae Myung said Tuesday the government will adopt various measures on both the supply and demand sides to stabilize the property market and root out speculative behavior. Lee said at a Cabinet meeting that windfall profits from real estate, helped by illegalities and exploiting legal loopholes, have become the "biggest culprit" in destroying fairness and common sense and undermining national unity. He also blames the property market…

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President Lee Jae Myung said Tuesday the government will adopt various measures on both the supply and demand sides to stabilize the property market and root out speculative behavior. Lee said at a Cabinet meeting that windfall profits from real estate, helped by illegalities and exploiting legal loopholes, have become the "biggest culprit" in destroying fairness and common sense and undermining national unity. He also blames the property market…

·Seoul, Korea (the Republic of)
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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Tuesday, July 21, 2026.
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